2 mins readYou're probably already familiar with the main marketplaces for buying and selling these distinctive digital assets if you're working in the NFTs industry. But do you know about X2Y2?
What is X2Y2?
This new decentralized market, which debuted in February 2022, intends to provide a better trading experience than competing platforms like OpenSea.
A team with vast experience in blockchain technologies created the X2Y2 Platform. The platform's specific token, which is used for NFT transactions and is based on the Ethereum network. NFT arts and assets that are offered on X2Y2 in fixed-price sales and auctions can be browsed and discovered by users.
X2Y2.io
Users can also use NFT loans to leverage their holdings. Additionally, the platform provides practical features like batch purchasing and bulk listing.
The AYOR NFT Collection
The NFT collection from Ajin Youth Rebels (AYOR) is one of X2Y2's most significant features. The Ajin Rebels are a band of beings with animalistic traits who are waging war against the Central Empire to defend their territory in this collection of 10,000 original digital assets.
Since the release of X2Y2, the AYOR NFTs have grown in popularity, offering collectors a distinctive and aesthetically attractive series of assets.
Advantages of Using X2Y2
Utilizing X2Y2 has a number of benefits, one of which is that it has lower gas costs than other NFT marketplaces. As a result, it is a more economical choice for both buyers and sellers. Additionally, X2Y2 offers 0% platform fees for NFT sellers during specific promotional periods, substantially lowering the cost of using the platform.
A further benefit of X2Y2 is its emphasis on offering a superior trading experience to those of competing platforms. The platform's development team has addressed typical problems customers have with other NFT marketplaces, like lengthy transaction delays and a dearth of user-friendly features.
Possible Drawbacks of X2Y2
X2Y2 may have some difficulties as a developing platform in comparison to more established NFT marketplaces like OpenSea. It might have a smaller user base and fewer NFT listings, for instance. However, these problems might be resolved when the platform becomes more well-known and more people start using it to trade NFTs.
As with every new site, there is also a bigger chance of fraud or frauds. Before transacting on X2Y2 or any other platform, users should use caution and conduct their own research.
Final Thoughts
All in all, X2Y2 provides a distinctive and promising platform for NFT trading with certain standout qualities and benefits. Because of its unique approach to NFT trading, X2Y2 is definitely worth checking out whether you're a buyer or a seller. The have also an interesting tokenomic system:
X2Y2 Tokenomics
Users should be cautious and conduct their own research prior to making transactions, as with any new site. X2Y2 is a platform to watch in the field of NFTs since it focuses on delivering a superior trading experience and has a distinctive selection of AYOR NFTs.
